Author Archives: Yves Smith
Hubert Horan’s Quick Take on Uber’s Second Quarter Results
Uber’s latest financial report confirms Hubert Horan’s predictions.
Read more...Why Elizabeth Warren’s Accountable Capitalism Act Will Be Good for Shareholders
Why shareholders are getting a raw deal out of the misguided corporate fixation on “maximizing shareholder value,” and Elizabeth Warren’s new bill is therefore good for them.
Read more...Sacramento Bee Fingers CalPERS CEO Marcie Frost, General Counsel Matt Jacobs, and Board President Priya Mathur in Asubonten Resume Fabrication Scandal
Even the Sacramento Bee is compelled to call out CalPERS executives for their failure to do basic checking when hiring former CFO Charles Asubonten.
Read more...France Could Lose Billions In Brexit Trade Route Redirection
How French ports and hence France look set to lose in Brexit.
Read more...The CFA Franc Zones: Neocolonialism and Dependency
How France still exerts influence over the CFA franc zone.
Read more...Links 8/15/18
Rethinking Social Progress in the 21st Century
A new report examines the path to global social progress. Unfortunately, there are no easy answers.
Read more...Gaius Publius: Progressives Ask Why So Many Unions Seem Anti-Progressive
Progressives are waking up to the fact that most unions are not on their side.
Read more...Donald Trump, Gun-Runner for Hire
Not only does America love guns but the Administration really loves gun merchants.
Read more...Emerging Markets Swoon as Turkey Wobbles
A high level look at the upheaval in Turkey.
Read more...Medicaid Officials Target Home Health Aides’ Union Dues
Another attack on union funding.
Read more...Where in the World Is It Easiest to Get Rich?
Debunking American exceptionalism on a pet obsession: the ability to get rich.
Read more...Hubert Horan: Can Uber Ever Deliver? Part Sixteen: Is Morningstar’s Horrendously Bad Uber Analysis a Preview of Uber’s IPO Propsectus?
Why a Morningstar report on Uber’s IPO prospects does not begin to add up.
Read more...CalPERS to End Direct Investments and Separately Managed Accounts, Limit Co-Investment as CIO Whinges About Difficulty of Putting Money to Work
CalPERS is about to take another great leap backwards in private equity.
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